Question

0.8.5% QUESTION 12 The difference between an open-ended mutual fund and a close-ended mutual fund is A. public market trading of the fund versus private trading of the fund B. an unlimited market capitalization of the fund versus a capped market capitalization of the fund C. an unlimited number of securities in the fund versus a fixed number of securities in the fund D. an unlimited number of shares of the fund versus a fixed number of shares of the fund QUESTION 13 CAT started 2012 with a price of $73.20/share. It onded 2012 with a charenrir time period CAT returns had a standard deviati Il Proctorio EJESTA. EE of 0.7252. What was the compound annual grower rate TUT CATTU e years A. 9.83%

Answer 1

The correct answer is:-

D) an unlimted number of shares of the fund versus a fixed number of shares of the fund.